Regions Financial (Regions Financial) Accounts Receivable

: $614 Mil (As of Dec. 2023)

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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Regions Financial's accounts receivables for the quarter that ended in Dec. 2023 was $614 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Regions Financial's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 30.97.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Regions Financial's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-112.80.

Regions Financial Accounts Receivable Historical Data

The historical data trend for Regions Financial's Accounts Receivable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Regions Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

362.00

346.00

319.00

511.00

614.00

Regions Financial Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable																511.00	538.00	575.00	625.00	614.00

Regions Financial Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

Regions Financial Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

Regions Financial's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	614	/	1809	*	91
=	30.97

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Regions Financial's accounts receivable are only considered to be worth 75% of book value:

Regions Financial's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:

	Net-Net Working Capital Per Share
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(31926	+	0.75 * 614	+	0.5 * 0	-	134701
-	1659	-	64)	/	922.343
=	-112.80

Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.

Regions Financial Accounts Receivable Related Terms

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Regions Financial (Regions Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Regions Financial Corp (NYSE:RF) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

RFpE.PFD:USA RFpC.PFD:USA RFpB.PFD:USA

Address

1900 Fifth Avenue North, Birmingham, AL, USA, 35203

Website

https://www.regions.com

Regions Financial is a regional bank headquartered in Alabama, with branches primarily in the Southeastern and Midwestern United States. Regions primarily provides traditional commercial and retail banking and also offers mortgage services, asset-management, wealth-management, securities brokerage, and trust services.

Executives

C. Matthew Lusco	officer: SEVP & CRO	P.O. BOX 11007 1900 FIFTH AVENUE NORTH, BIRMINGHAM AL 35203
Ronald G. Smith	officer: SEVP	1901 6TH AVENUE NORTH, 18TH FLOOR, BIRMINGHAM AL 35203
William D. Ritter	officer: SEVP	1901 6TH AVENUE NORTH, 18TH FLOOR, BIRMINGHAM AL 35203
Mark A. Crosswhite	director	600 NORTH 18TH STREET, BIRMINGHAM AL 35203
J Thomas Hill	director	1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
Noopur Davis	director	PO BOX 10247, BIRMINGHAM AL 35202-0247
Charles Dandridge Massey	officer: SEVP	PO BOX 10247, BIRMINGHAM AL 35202-0247
Karin K Allen	officer: Principal Accounting Officer	PO BOX 10247, BIRMINGHAM AL 35202-0247
Charles D Mccrary	director, other: Non-Executive Chair	30 IVAN ALLEN JR. BLVD. NW, ATLANTA GA 30308
Amala Duggirala	officer: SEVP	PO BOX 10247, BIRMINGHAM AL 35202-0247
Joia M Johnson	director	C/O HANESBRANDS INC., 1000 EAST HANES MILL ROAD, WINSTON SALEM NC 27105
Turner David J Jr	officer: CFO	P O BOX 11007, 1900 FIFTH AVENUE NORTH, BIRMINGHAM AL 35203
Scott M. Peters	officer: SEVP	1901 6TH AVENUE NORTH, 18TH FLOOR, BIRMINGHAM AL 35203
David R. Keenan	officer: EVP	P. O. BOX 11007, 1900 FIFTH AVENUE NORTH, BIRMINGHAM AL 35203
John B Owen	officer: Sr Executive Vice President	REGIONS FINANCIAL CORPORATION, 1900 5TH AVENUE NORTH, 21ST FLOOR, BIRMINGHAM AL 35203